In January this year, the investigation wing of income tax department unearthed a racket of incorrect/ fraudulent tax refunds by employees of information technology companies based in Bengaluru, in alleged connivance with a tax advisor. Similar other incidents were also reportedly found in other locations across India.
Shailesh Kumar, Director- Direct Taxation contributed an article on Income Tax department turns heat on salaried taxpayers; warns against false claims for Financial Express.
